$Golden Energy (AUE.SG)$$Geo Energy Res (RE4.SG)$ Newcastle ...
Newcastle coal futures, the Asian benchmark, fell below USD170 per tonne, the lowest level since Jan 2022 due to higher production and weak demand outside China. China's coal output rose 5.8% YoY to 734.23 m tonnes in Jan-Feb 2023, as the government encouraged miners to boost production. Also, India produced a record 73.02 m tonnes of coal in Apr 2023, up 8.67% YoY, reducing reliance on imports. However, after a fatal accident in Inner Mongolia, China has temporarily suspended operations at 32 coal production sites in the region to carry out nationwide safety checks. Despite an increase in clean energy generation, coal accounted for 64% of China's Q1 2023 electricity generation. In contrast, the EU burned less coal and gas from Oct 2022 to Mar 2023, with coal generation down 11% YoY and gas generation down by 38 terawatt hours.
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Always Growing : Thanks for this update! I've wondering what to do with this RE4 stock cuz I'm stuck at 0.39. Guess I can only buy more to lower down the average price![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
bullrider_21 OP Always Growing : np. You can do swing trading and maybe recover your loss over 2 trades.
江南公子 Always Growing : I am in the same boat as you but 41. feel sad.
江南公子 bullrider_21 OP : will go up to 30 again?
Always Growing bullrider_21 OP : I’m a newbie starting out… will do research on swing trading. But if can share your experiences on this, much appreciated.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Always Growing 江南公子 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Hang in there. There will always be a way out ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
bullrider_21 OP Always Growing : ok I will.
bullrider_21 OP 江南公子 : It will. But not at the moment.
bullrider_21 OP Always Growing : Maybe can make some money with Civmec. May rise 0.10- 0.15.
Always Growing bullrider_21 OP : Sure hope you do.
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